CREATIVE HOURS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
CREATIVE HOURS
Largest movements
- Receivables within one year -€600
down €600 (-100%), from €600 to €0
of which Trade receivables: -€600
- Cash -€10
down €10 (-51.6%), from €19 to €9
mainly Net result for the year (-€1,852)
- Profit (loss) carried forward -€1,852
down €1,852 (-4.4%), from -€41,698 to -€43,550
- Other debts +€1,181
up €1,181 (+5.0%), from €23,773 to €24,954
- Trade debts +€61
up €61 (+140%), from €44 to €105
- Other operating charges -€387
down €387 (-100%), from €387 to €0
- Gross operating margin +€128
up €128 (+10.4%), from -€1,228 to -€1,100
- Depreciation -€63
down €63 (-100%), from €63 to €0
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €718 | €109 | -€610 | -84.8% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €100 | €100 | = | 0.0% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €619 | €9 | -€610 | -98.5% |
| Amounts receivable within one year | 40/41 | €600 | €0 | -€600 | -100% |
| Trade receivables | 40 | €600 | €0 | -€600 | -100% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €19 | €9 | -€10 | -51.6% |
| Total equity and liabilities | 10/49 | €718 | €109 | -€610 | -84.8% |
| Equity | 10/15 | -€23,098 | -€24,950 | -€1,852 | -8.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,698 | -€43,550 | -€1,852 | -4.4% |
| Amounts payable | 17/49 | €23,817 | €25,059 | +€1,242 | +5.2% |
| Amounts payable within one year | 42/48 | €23,817 | €25,059 | +€1,242 | +5.2% |
| Trade debts | 44 | €44 | €105 | +€61 | +140% |
| Suppliers | 440/4 | €44 | €105 | +€61 | +140% |
| Other amounts payable | 47/48 | €23,773 | €24,954 | +€1,181 | +5.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63 | €0 | -€63 | -100% |
| Other operating charges | 640/8 | €387 | €0 | -€387 | -100% |
| Non-recurring operating charges | 66A | - | €600 | +€600 | |
| Gross operating margin | 9900 | -€1,228 | -€1,100 | +€128 | +10.4% |
| Operating profit (loss) | 9901 | -€1,678 | -€1,700 | -€22 | -1.3% |
| Financial charges | 65/66B | €146 | €152 | +€6 | +4.1% |
| Recurring financial charges | 65 | €146 | €152 | +€6 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,824 | -€1,852 | -€28 | -1.5% |
| Profit (loss) for the period | 9904 | -€1,824 | -€1,852 | -€28 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,824 | -€1,852 | -€28 | -1.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.